The Statement Concerning Responsibility Accounting That Is untrue Is

question 10

Multiple Choice

The statement concerning responsibility accounting that is untrue is:

• A)For successful budgeting responsibility must be clearly defined
• B)A manager is held responsible for the activities of his/her department
• C)The choice of responsibility centres in an organisation depends on its characteristics
• D)Responsibility centres are usually determined by differences in the product the firm produces

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Definitions:

Productivity Growth

The rate at which a company or country can produce more goods or services with the same amount of labor and resources.

U.S.

The United States of America is a country consisting of 50 states, a federal district, five major self-governing territories, and various possessions, known for its significant influence in global political, cultural, and economic affairs.

Percent

A mathematical term used to describe a number as a fraction of 100.

Per-Worker Production Function

A mathematical relation showing the output produced per worker as a function of the level of capital per worker, holding technology constant.